A live-action Halo project is FINALLY moving forward

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We've been waiting years for a proper Halo film, and we're finally a step closer. Get this: Microsoft is working on a live-action Halo project. Finally.

But don't get your hopes up too high, because it is not a movie. Instead, a live-action web series is in the works with Machinima, the online distributor for the recentMortal Kombat: Legacy series.

Numbers aren't available, but Variety is reporting that Microsoft is pumping in some major cash for Halo 4: Forward Unto Dawn, which will go live in the weeks before Halo 4 hits the Xbox 360 on Nov. 6.

"[We want] to make Halo accessible for people who haven't played the games," 343 Industries, the game's new development company, rep Matt McCloskey said. "We wanted to do something unique from a narrative standpoint that's big in scale."

The company is planning five weekly, 15-minute episodes of Forward Unto Dawn, focusing on Master Chief and how he inspired a young cadet.

If the shorts do well, McCloskey said it could open the door for move live-action development (See: The long rumoredHalo movie).